News from FlightGlobal – Page 495
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NewsEasyJet enters leaseback agreements for nine more A320s
UK budget carrier EasyJet has agreed several sale-and-leaseback arrangements, covering nine aircraft and generating nearly $400 million to enhance its liquidity. The airline has sealed a transaction involving five Airbus A320s with Irish-based Wilmington Trust SP Services. EasyJet says this agreement, centred on leases averaging 117 months, will generate proceeds ...
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NewsMyanmar Airways International takes first E190
Myanmar Airways International (MAI) has taken delivery of its first of two Embraer E190s, which it will utilise on domestic routes. The aircraft, registered M-ABNH, arrived at Yangon on the morning of 26 October, having flown in from Guangzhou. The carrier signed a lease agreement with CDB Aviation in ...
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NewsArgentine LCC protests ongoing closure of El Palomar
Argentine low-cost carrier Flybondi has strongly protested the government’s decision to keep Buenos Aires’ secondary airport El Palomar closed as the country slowly reopens following the coronavirus crisis.
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NewsIcelandair uses Boeing compensation to offset new 737 Max expenditure
Icelandair Group is expecting to take delivery of three more Boeing 737 Max jets in the first half of 2021, and has reclassified part of the compensation received for the Max grounding as reduced capital expenditure on them. The company has not disclosed the scale of the compensation settlement reached ...
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NewsEasyJet to make 418 crew in Germany redundant
EasyJet will almost halve its fleet in Berlin amid the Covid-19 pandemic.
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NewsAir Baltic to operate 40 winter routes
Latvian carrier Air Baltic plans to maintain “essential connectivity” through the winter months, linking its Riga hub with 40 destinations.
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NewsBA heritage-livery 747-400 to become cinema and conference venue
One of the British Airways Boeing 747-400s painted in a retro livery for the airline’s centenary is to be preserved as a cinema and conference venue. The aircraft (G-CIVB) carried the Negus & Negus colour scheme initially adopted by the airline following its emergence in 1974 from the merger of ...
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NewsAeroflot Group details shareholding shifts after capital increase
Aeroflot Group has disclosed that the Russian state’s share in the airline company has reached 57.34% as a result of its capital increase. The Russian government had been prepared to maintain at least its previous 51.2% shareholding in the company during the share issue. Aeroflot Group had also been 3.5%-owned ...
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NewsAmerican Eagle ERJ-145 damaged in Bahamas excursion
Investigators in the Bahamas are probing a runway excursion involving an American Eagle service from Miami which badly damaged the aircraft. The Embraer ERJ-145 – identified as N674RJ – had landed on runway 06 at Grand Bahama airport following the short 100nm flight from Miami on 24 October. It arrived ...
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NewsANA signs SAF deal with Neste as Japan sets new climate goals
All Nippon Airways has signed a deal to procure sustainable aviation fuel (SAF) from Finland’s Neste, with the first flights using the fuel to take off from Japan this month. It comes as Japan’s new prime minister Yoshihide Suga brings forward climate targets, pledging today to achieve a carbon-neutral society ...
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NewsAirAsia Group secures loan for logistics pivot
Malaysia’s AirAsia Group has secured a MYR300 million ($72 million) loan from the Sabah Development Bank, mainly to enhance its logistics network within the state. “This loan is in line with AirAsia’s pivot into the digital business. The main purpose of the loan is to enhance logistics in Sabah by ...
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NewsHoneywell sees behaviour shift among Asia-Pacific airlines
Honeywell’s airline support business has observed significant changes among its Asia-Pacific customers as the effects of the coronavirus pandemic ripple through the industry. One major change relates to spare parts, with airlines electing to keep parts ‘on wing’ for longer, and showing greater openness to relying on used parts. ...
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NewsMalaysia Airports justifies AirAsia X lawsuit
Malaysia Airports (MAHB) has defended its decision to sue AirAsia X (AAX) for RM78.2 million ($19 million) in unpaid charges, stating that it is only defending its core interests. The airport operators’ defence follows a 24 October report in The Star newspaper, which suggested that the airport operator is seeking ...
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NewsIsraeli-Sudanese agreement to enable shorter flights: Netanyahu
Israeli prime minister Benjamin Netanyahu has referenced further airspace efficiencies as a benefit of the new agreement to normalise relations with Sudan. Netanyahu had previously indicated that the Israeli government had made political contact with Sudanese counterparts in the past couple of years. “The skies of Sudan are open to ...
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NewsUS DOT approves WestJet-Delta transborder joint venture
The US Department of Transportation (DOT) has tentatively approved a joint venture application from Delta Air Lines and Canada’s WestJet for transborder travel, under certain conditions.
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NewsUnited extends point-to-point flights to Florida
In an effort to capture more of the leisure travel market while keeping its fleet active, United Airlines will extend its offering of point-to-point connections between the Northeast and Midwest USA to Florida beyond the winter holiday season.
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NewsDenmark and Sweden up SAS stakes to 22% in recapitalisation
The Danish and Swedish governments have each agreed to increase their stakes in SAS to 21.8% under the Scandinavian carrier’s SKr14.25 billion ($1.62 billion) recapitalisation plan, which has now been finalised. SAS obtained approval from both governments in August for its revised recapitalisation plan, which was originally disclosed on 30 ...
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NewsTravel-warning removals prompt airline returns to Canary Islands
European airlines are increasing capacity to the Canary islands after the UK and German governments lifted travel warnings for the Spanish archipelago
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NewsState to recapitalise Finnish airports operator as traffic slumps
Finland is to provide a €350 million ($414 million) recapitalisation of state-owned airports operator Finavia amid the continued slump in air traffic demand. Passenger traffic remained 90% down in September across Finavia’s airports and 92% down at its biggest gateway, Helsinki. In response, Finavia will shut one of the three ...
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NewsRed Wings introduces Superjet fleet to establish Ekaterinburg hub
Russian carrier Red Wings is aiming to build a regional hub at Ekaterinburg’s Koltsovo airport using a fleet of Sukhoi Superjet 100s. Moscow-based Red Wings leased a Superjet from GTLK on 2 September, and another pair in the first few days of October. It says the aircraft are being used ...